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the president, john boehner, could be getting set to talk again later this week. what advice would you give them on taxes? >> these are very minor issues, in terms of total revenue derived. but they are very significant to members. if you were to tell the bulk of the democratic caucus in the house that we were going to do something draconian to the inheritance tax, that could cost you a lot of votes. this is a carefully crafted a balanced package the house to emerge. -- that has to emerge. all these issues need to be tested. a little focus group on the conference side. these can be symbolically important. they can blow the opportunity to do something broadbased and fundamental. do we end up with something close to balsams and because of -- to bowles-simpson just because of that point? >> we would be better off if speaker boehner and the president did not publicly change their offers. hopefully, they are going to have to compromise. the more times you commit yourself in public, the harder it is to make the compromise. >> we will go around the former members of cong
the president, john boehner, could be getting set to talk again later this week. what advice would you give them on taxes? >> these are very minor issues, in terms of total revenue derived. but they are very significant to members. if you were to tell the bulk of the democratic caucus in the house that we were going to do something draconian to the inheritance tax, that could cost you a lot of votes. this is a carefully crafted a balanced package the house to emerge. -- that has to...
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knowing that john has to leave, and the center for american progress has come up with ideas, and, john, maybe you would like to weigh in on some of those and your thoughts on this debate. >> peter, following up on this morning's session, in order to get a balanced approach, we need but revenue and spending restraint. we need to ideas that you talked about this morning with respect to restraint, particularly in the entitlements and medicare specifically, but we also need new revenue. but we also need new revenue. we spent about the last year trying to think through how to get right new revenue, and we had of ideas from both sides, but we put together a group of people who bore quite experienced, bob rubin, larry summers, well-known names, and we tried to work through hell to see if you could raise enough revenue to actually hit the simpson-bowles target. we limited unjustified tax loopholes, but we primarily did it by converting the current system of deductions which favor high income taxpayers which equalizes the benefits of middle-income and high-income taxpayers get. we restored the
knowing that john has to leave, and the center for american progress has come up with ideas, and, john, maybe you would like to weigh in on some of those and your thoughts on this debate. >> peter, following up on this morning's session, in order to get a balanced approach, we need but revenue and spending restraint. we need to ideas that you talked about this morning with respect to restraint, particularly in the entitlements and medicare specifically, but we also need new revenue. but...
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Dec 12, 2012
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. -- and john boehner. that is the problem. john boehner is having trouble finding help from his leadership. but the american people are suffering. i repeat -- i am sorry -- what clara mccaskill said. the speaker has to make an important decision whether he is going to save his speakership or the country. >> how about the president's fiscal cliff plan? why hasn't that been put up for a vote yet in the senate? are you planning on putting it up for a vote? the white house proposal they floated around last week, on capitol hill. where you put it up for a vote? >> i have no idea what you are talking about. >> the white house plan, the treasury secretary. >> i have no idea what that is. >> the plan that includes revenue. >> what kind of revenue? >> the top 2%. >> what else? >> of the debt limit authority as well. and 1.6 trillion dollars was the total. in the stimulus, he to hundred billion dollars. and later mcconnell offered to support a vote for it in the senate. >> i have to be careful what he offers. the last one he offered, he
. -- and john boehner. that is the problem. john boehner is having trouble finding help from his leadership. but the american people are suffering. i repeat -- i am sorry -- what clara mccaskill said. the speaker has to make an important decision whether he is going to save his speakership or the country. >> how about the president's fiscal cliff plan? why hasn't that been put up for a vote yet in the senate? are you planning on putting it up for a vote? the white house proposal they...
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john boehner and president obama. david, i see you smiling down there. >> i was waiting for judd to jump in. he is the one that convinced me. >> ultimately, i think they have gotten more than they can handle. the revenue targets they need to reach, the spending targets they need to reach now are enormous, but if you look down the road, in particular at health care spending, given the discussion we had before, we can do everything we want to try to control health-care spending, but another way to help control health care spending is earmarked a value-added tax toward revenue which would have much was spent, how much people have to pay in taxes, it would eliminate their regressivity of that, and it would, using a pun, inoculate the deficit from uncertainty about health-care reform. health care reform will take a long time. it is more complicated than tax reform. we have had one major tax reform in the last 50 years, thanks to senator packwood and others. health-care reform is going to take a long time. we cannot wait to
john boehner and president obama. david, i see you smiling down there. >> i was waiting for judd to jump in. he is the one that convinced me. >> ultimately, i think they have gotten more than they can handle. the revenue targets they need to reach, the spending targets they need to reach now are enormous, but if you look down the road, in particular at health care spending, given the discussion we had before, we can do everything we want to try to control health-care spending, but...
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Dec 13, 2012
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david john, thank you. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] it seems to me that the volley between the young lady and mr. john is a little bit >> thursday, grover norquist discusses how the republicans are negotiating the fiscal cliff. then, the potential impact of the fiscal cliff on medicare. live at 7:00 a.m. eastern on c- span. >> and the white house was very controversial, as most things in america were. there was competition. was not going to have a palace. in 1821, a european diplomat told the congress it was neither large nor odd-inspiring. the answer, the congressman said, the building's purpose. if it were larger and more elegant, perhaps a president would be inclined to become its permanent resident. >> a few of her favorite white house photos. what sunday evening at 7:30 p.m. eastern and pacific on c-span 3. >> strangle me, take things from me, hit on me. >> he is on that bus. i have been on that bus. they are as good as
david john, thank you. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] it seems to me that the volley between the young lady and mr. john is a little bit >> thursday, grover norquist discusses how the republicans are negotiating the fiscal cliff. then, the potential impact of the fiscal cliff on medicare. live at 7:00 a.m. eastern on c- span. >> and the white house was very controversial, as most things in america...
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we will year from representative john larson on the fiscal cliff negotiations. after that, we will hear from stephen ohlemacher. you can see "washington journal" everyday life at 7 p.m. -- 7 a.m. eastern here on c-span. coming up next on c-span, the in going an upcoming german discusses what they want to see and a and budget deal. then david walker and rudy penner discuss the fiscal cliff negotiations. later, a discussion on the potential impacts of the negotiations and state budgets. >> the white house was very controversial, as most americans were. they designed washington city. there was competition. he designed a design for a palace. it was not particularly awe- inspiring. in fact, a european diplomat told congress it was neither large or awe-inspiring. but the answer the congressman gave was the building serves its purpose. it is larger and more elegant. photo mer new york times bodh critic on the white house. watch it on sunday on c-span three on "american history tv per." >> congressman steve scalise and jim jordan. >> thank you for coming. to delighted t
we will year from representative john larson on the fiscal cliff negotiations. after that, we will hear from stephen ohlemacher. you can see "washington journal" everyday life at 7 p.m. -- 7 a.m. eastern here on c-span. coming up next on c-span, the in going an upcoming german discusses what they want to see and a and budget deal. then david walker and rudy penner discuss the fiscal cliff negotiations. later, a discussion on the potential impacts of the negotiations and state budgets....
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Dec 6, 2012
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john, he is a great politician and comes from the other party, but john is exactly right when he says that the only thing that debt ceiling for is to destroy your credit rating. so i want to send a very clear message to people here. we are not going to play that game next year. if congress in any way suggests that they are going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way, we have never done in our history until we did it last year, i will not play that game. we have to break that habit before it starts. so, with that, let me just say, we have one path where we resolve it fairly quickly. we have some tough spending cuts. we reform our entitlements. we have modest revenue increases. you get business certainty and you do what you do best, innovate, hire workers, make profits, do well by your shareholders and grow america and we have open-running room next year to deal with infrastructure, tax reform and immigration reform that will further make america competitive, that's one option. the other
john, he is a great politician and comes from the other party, but john is exactly right when he says that the only thing that debt ceiling for is to destroy your credit rating. so i want to send a very clear message to people here. we are not going to play that game next year. if congress in any way suggests that they are going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way, we have never done in our...